Shutterfly Announces Results of Annual Meeting of Stockholders

May 25, 2017 09:00 AM Eastern Daylight Time

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly,
Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer of
high-quality personalized products and services, announced that
stockholders voted in favor of all 5 proposals at the company's 2017
Annual Meeting of Stockholders.

The voting results are as follows:

FOR the election of Ann Mather, H. Tayloe Stansbury and Brian Swette
to the Shutterfly Board of Directors;

FOR, on an advisory basis, the compensation of the company's named
executive officers;

FOR, on an advisory basis, an annual frequency for future advisory
votes on the compensation of the company’s named executive officers;

FOR, an amendment of the 2015 Equity Incentive Plan, including an
increase to the number of shares available for issuance thereunder by
1,300,000 shares; and

FOR the ratification of the selection of PricewaterhouseCoopers LLP as
the company's independent registered public accounting firm for the
year ending December 31, 2017.

About Shutterfly, Inc.

Shutterfly, Inc. is the leading online retailer and manufacturer of
high-quality personalized products and services. Founded in 1999, the
Shutterfly, Inc. brands include Shutterfly®, where your photos come to
life in photo books, cards and gifts; Tiny Prints ™, premium cards and
stationery for all life’s occasions; Wedding Paper Divas ™, wedding
invitations and stationery for every step of the planning process;
BorrowLenses™ , the premier online marketplace for photographic and
video equipment rentals; and GrooveBook™, an iPhone and Android app and
subscription service that prints up to 100 mobile phone photos in a
GrooveBook and mails it to customers every month. For more information
about Shutterfly, Inc. (NASDAQ:SFLY), visit www.shutterflyinc.com.